Bitcoin Surges Above $30K with Traditional Finance Embracing Crypto
TL;DR Summary
Bitcoin breaks $30,000 for the second time this year, gaining over 10% in the past 24 hours, as traditional finance players such as BlackRock, Invesco, and WisdomTree file for spot bitcoin ETF applications and EDX crypto exchange, backed by Fidelity Digital Assets, Charles Schwab, and Citadel Securities, launches with four tokens in the U.S. Deutsche Bank also announces its application for a digital asset custody license in Germany. Despite a regulatory crackdown from the SEC against crypto exchanges, TradFi players continue to push further into crypto.
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